75% of Net Proceeds Will Be Used for Additional Solana Purchases NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) — SOL Global Investments Corp. (CSE: SOL
The Convertible Debentures are subject to mandatory conversion whereby, if at any time following date that is four months from the closing of the Offering, the daily volume weighted average trading price of the Common Shares on the Exchange is greater than C$0.55 per Common Share for the preceding 10 consecutive trading days, the Company shall have the option to convert all of the principal amount of the then outstanding Convertible Debentures at the Conversion Price upon 30 days’ prior written notice. Holders converting Convertible Debentures will receive accrued and unpaid interest thereon for the period from and including the date of the latest interest payment date to, but excluding, the date of conversion. Read More
